Financial Aid At Michigan State University
23,310 students (60% of total 39,176 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Michigan State University. The average amount of the aid awarded is $11,721.
For the first-time, full-time beginning students (freshmen), 71% of total 8,638 enrolled students have received any kind of financial aid and its average amount of aid received is $12,786.
All Undergraduate Financial Aid
At Michigan State University, 23,310 undergraduate students (60% of total 39,176 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,721.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 23,310 | 60% | $273,225,192 | $11,721 |
| Pell Grants | 8,513 | 22% | $43,825,466 | $5,148 |
| Federal Student Loan | 15,624 | 40% | $102,398,329 | $6,554 |
Beginning Undergraduate Students (Freshmen) Financial Aid
6,136 beginning undergraduate students (71% of total 8,638 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan State University. The average amount of aid received is $12,786.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 6,136 | 71% | - | - |
| Grants or Scholarships | 4,908 | 57% | $62,753,112 | $12,786 |
| Federal Grants | 2,565 | 30% | $13,089,189 | $5,103 |
| Pell Grants | 1,894 | 22% | $9,758,268 | $5,152 |
| Other Federal Grants | 1,920 | 22% | $3,330,921 | $1,735 |
| State/Local Grants | 765 | 9% | $970,656 | $1,269 |
| Institutional Grants | 4,395 | 51% | $48,693,267 | $11,079 |
| Student Loan Aid | 3,514 | 41% | $30,636,072 | $8,718 |
| Federal Student Loans | 3,383 | 39% | $17,790,474 | $5,259 |
| Other Student Loans | 694 | 8% | $12,845,598 | $18,510 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2019-2020 at Michigan State University. The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 3,510 | 2,502 | $33,583,314 | $9,568 |
| 0-30,000 | 964 | 961 | $20,917,687 | $21,699 |
| 30,001-48,000 | 446 | 444 | $6,001,429 | $13,456 |
| 48,001-75,000 | 478 | 456 | $3,856,905 | $8,069 |
| 75,001-110,000 | 463 | 323 | $1,541,523 | $3,329 |
| 110,001 or more | 1,159 | 318 | $1,265,770 | $1,092 |
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Members In B1G
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